Chat archive · 2017-08

nimbus · · #16996

with PSU

dc101 · · #16997

wow you got l3+ for only $1300?

Raab · · #16998

Yea with PSU

wisdomofsol · · #16999

yea...i thought everybody did who ordered from bitmain

Raab · · #17000

Give me an offer ;)

wisdomofsol · · #17001

i got july shipment tho

dc101 · · #17002

I bought the October Batch, $1730 USD

nimbus · · #17003

thats good . So what is your offer for couple ?

vhmanu · · #17004

pretty sure my may batch L3+ were ~14xx with PSU. I’m too lazy to check :)

nimbus · · #17005

huh didnt read message

wisdomofsol · · #17006

yea i bought my 3rd miner for mid September delivery for 40 LTC when LTC was like $48 USD, that one smarts a little but im still glad i’ll have more hashing power next month. others were for 1 BTC when BTC was like 1300ish

nimbus · · #17007

idk really but what about £3000

Raab · · #17008

nimbus wrote: huh didnt read message
talking to me? Confused

nimbus · · #17009

Raab wrote:
nimbus wrote: huh didnt read message
talking to me? Confused
yes you

dc101 · · #17010

I was started mining about 2 weeks ago and very happy with l3+ hopefully diff don’t go up much on Sept batch

wisdomofsol · · #17011

it will

nimbus · · #17012

somebody said they sold 50k L+3

dc101 · · #17013

from what I am understanding after watching some youtube... if diff goes up, coin price go up? thanks

wisdomofsol · · #17014

yea but not right away, month or 2 later

nimbus · · #17015

it is almost 25th/s

Raab · · #17016

Can be relative... Depends what your getting paid out in.

Raab · · #17017

0.158 down again... Mental.

dc101 · · #17018

yeah just saw the Bitcoin Cash going down

wisdomofsol · · #17019

im just excited im still on pace for a 1 month ROI on my miners, thanks to steve and chris

dc101 · · #17020

I was about to change my BTH to BTC when it almost hit $800

dc101 · · #17021

but too late it is going down

dc101 · · #17022

yeah with $1300 per miner you have nothing to worry about..

dc101 · · #17023

Friday night nobody going out?

Raab · · #17024

Been out, back. Got a mates wedding tomorrow so not hungover for that!

wisdomofsol · · #17025

Raab wrote: 0.158 down again... Mental.
did u buy back?

Raab · · #17026

Nop not yet. All my decisions are shit ones. All they have done so far is lose me money... Im taking your advice :p

dc101 · · #17027

me too, I never win in gamble whenever I bet something, my friend do the opposite

wisdomofsol · · #17028

when you see more than 4 green bars, you sell, when you see more than 4 red bars you buy, only buy on red bars and only sell on green ones.

dc101 · · #17029

where is the green and red bar you are talking about ? thanks

wisdomofsol · · #17030

wisdomofsol · · #17031

look on the chart

Raab · · #17032

How big do the bars have to be? Ha

dc101 · · #17033

ah I see now

wisdomofsol · · #17034

the bigger the bar the stronger the impetus to either buy or sell based on what i said below

dc101 · · #17035

let me take a close look tonight and try to do your advise

wisdomofsol · · #17036

i move from coin to coin looking for indications to buy or sell

Raab · · #17037

So I've just looked at ark. 3 bars down, green just started...

Raab · · #17038

Why 3 bars?

FRISKIE · · #17039

@ wisdomofsol - nice simple guidance, well done :)

FRISKIE · · #17040

Why 3 bars?
The bars are taken from a plot of the price rising or falling over time :)

Raab · · #17041

Yea get that, but why move on 3 bars? Not 4 or 2?

FRISKIE · · #17042

Or at least that is the correlation you would see if you looked at price of a coin or token over time, and compare to the bars, the longer a trend is sustained, the more bars of that color will appear

FRISKIE · · #17043

I would say that’s his preference, and the formula he’s found to work best, and likely it’s also the guidance given from the others who watch trens, patterns and base their buying and selling on those patterns

FRISKIE · · #17044

It will never be foolproof of course, and if I would see 4 green bars for instance and had not already sold, I’d probably be selling, expecting that the price rise is ready any time for a downturn :)

dc101 · · #17045

good advise

dc101 · · #17046

Raab... I think he said 4 bars not 3 bars

FRISKIE · · #17047

It comes from @wisdomofsol :) I dont really watch bars on the graphs . . but I think I will start now :D

wisdomofsol · · #17048

i was away from the puter

wisdomofsol · · #17049

3 or 4 bars there is no hard and fast rule, it was more of an example, but yea its about what are called inflection points in calculus

FRISKIE · · #17050

@Raab - just think of it as trying to judge when the price rise is just about completed, so you can sell and take your profits, and trying to judge when the dropping prices have just about hit bottom, so you can buy again at a bargain - the bars provide a good visual aid for that

wisdomofsol · · #17051

also depends on what timeframe the bars are set to, each bar could also represent 5, 15, 30,60 or 240 mins

FRISKIE · · #17052

Aha, god point

FRISKIE · · #17053

good point I mean :D

wisdomofsol · · #17054

trend lines and fib levels as well as 34/13 macd indicators are key technical analysis tools to understand and utilize when trading.

wisdomofsol · · #17055

bittrex gives you all the tools to trade successfully if you learn how to use them properly.

Raab · · #17056

Would have bought back in again at 0.156 wisdom :p

Raab · · #17057

Yea. Need to look into it more really. Thanks for the help. And yea friskie, get the idea! But just shit at it so far! Ha

FRISKIE · · #17058

@wisdom - and good "how to" resources for beginners to get a basic understanding?

wisdomofsol · · #17059

oh yea, i sit in front of the computer all day buying and selling

FRISKIE · · #17060

I understand the general logic of it all, but not well enough to mix it up and be profitable :D

FRISKIE · · #17061

@ Raab - you’re not alone there mate ;)

wisdomofsol · · #17062

dc101 · · #17063

kaka

wisdomofsol · · #17064

for fib levels

FRISKIE · · #17065

Brilliant, thanks!

dc101 · · #17066

I don’t think I be able to do it

wisdomofsol · · #17067

wisdomofsol · · #17068

for 13/34 macd intersections

dc101 · · #17069

what about this when you sell something can you let us know

Raab · · #17070

Will watch that tomorrow :)

dc101 · · #17071

and when you buy something inform us :)

wisdomofsol · · #17072

wisdomofsol · · #17073

theres tons of others, check out node investor on youtube

FRISKIE · · #17074

Excellent, I will start with those, much appreciated!

wisdomofsol · · #17075

just for wait for Raab to announce he’s selling something and then buy coins he’s selling!!!

wisdomofsol · · #17076

i owe a lot to that dude in the videos, even with just the 34/13 stuff you can improve your trading

dc101 · · #17077

I’ll save these video and watch it tonight

Raab · · #17078

I'm not going to do anything any more.... Ha. Wait till you say!

wisdomofsol · · #17079

nah its easy just check the videos out and do a little reasearch, crypto currency moves in a very technical manner

wisdomofsol · · #17080

i assume it helps i have taken advanced math classes, but the guy in the video was packing boxes in a factory back in march making videos about trading

Raab · · #17081

Well until I've done a bit me research

wisdomofsol · · #17082

so you def dont need an advanced degree to understand the fundamentals

wisdomofsol · · #17083

now he’s retired

FRISKIE · · #17084

If you say it’s true, I’ll be more encouraged then - I do see a lot of non-technical emotional driven movement in there too, and pronounced by the relatively small size of the market, but I’m sure there are underlying patterns that lend themselves to analysis

dc101 · · #17085

haha very impress that you still can remember those calculus thing

wisdomofsol · · #17086

node investor’s channel is called "emotionless crypto trading"

FRISKIE · · #17087

Sunds likeLooking forward, and thanks for the recommendation!

wisdomofsol · · #17088

i feel like trading is the ultimate real world use case for all the calculus i learned

FRISKIE · · #17089

Oops, battery dying in my keyboard

wisdomofsol · · #17090

basically, whatever your emotions tell you to do, do the opposite, and learn those things from the video and you will be golden

FRISKIE · · #17091

Perfect!

dc101 · · #17092

let me try to apply it also if I can remember any :) very thanks for your advise, I’ll watch the video and maybe try to do some gamble tomorrow

wisdomofsol · · #17093

and check out 4chan.org/biz i got put on bitbean pump when it was @ 8 satoshis there made over like rover when it hit 125

Raab · · #17094

You been quite profitable then wisdom?

wisdomofsol · · #17095

@dc101 :  most of the time when i keep only a few coins like btc, ltc, dash... when i buy a coin to trade i watch it like a hawk and rarely go to sleep holding it.